PLV 0.00% 1.2¢ pluton resources limited

All looks good as expected.Looking at the cashflow however, the...

  1. 70 Posts.
    All looks good as expected.

    Looking at the cashflow however, the piggy bank runs bone dry in early October, has anyone asked the company how they plan to raise capital - debt, equity or a combination of the two. I would imagine they have the financials sorted one way or another.
    Would be interesting to see if the retail investors get a look in, I doubt it...

    UMC took about 8 months from drilling commencement to JORC finalisation, those holding their breath for a 2008 JORC from PLV may be forced to wait a little longer. Outstanding drilling updates would no doubt push it along nicely, who knows how much blue sky is priced into this little red duck...
 
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Currently unlisted public company.

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